Page 89 - Southlake FY23 Budget
P. 89
CITY PROFILE
taxable ProPerty ValueS
$10,000
$9,065
$9,000
$8,221
$7,770 $7,769
$8,000
$7,287
$7,000 $6,662
$6,369
BILLIONS OF DOLLARS $6,000
$5,000
$4,000
$3,000
$2,000
$1,000
$0
2017 2018 2019 2020 2021 2022 2023
YEAR
Warning Trend: Declining growth or drop *Unaudited **Proposed Budget
in the value of property
The property value comparison for several fiscal years indicates continued growth in property values. Since 2016,
the certified tax roll values have increased steadily, however, 2021 values were relatively flat over 2020. The
reflected values include new property added to the roll as of January 1 of each year.
Fiscal Year Total Taxable Valuation
2010 $5,211,181,608
2011 $5,232,316,346
2012 $5,290,518,261
2013 $5,331,182,997
2014 $5,494,514,119
2015 $5,680,109,441
2016 $5,785,322,918
2017 $6,368,901,046
2018 $6,662,494,784
2019 $7,286,898,962
2020 $7,769,729,082
2021 $7,768,644,007
2022 $8,220,731,143
2023 $9,064,721,083
88 FY 2023 City of Southlake | BUDGET BOOK
WWW.CITYOFSOUTHLAKE.COM
